Property Listings – VIC
darcyjarman.com.au
68 THE TERRACE, Ocean Grove
CLOSING NEXT THURSDAY
UNRIVALLED INVESTMENT OPPORTUNITY OFFERING ENORMOUS FUTURE DEVELOPMENT POTENTIAL IN THE HEART OF OCEAN GROVE’S PREMIER COMMERCIAL PRECINCT. THE DUAL INCOME FREEHOLD IS HOME TO RENOWNED REAL ESTATE AGENCY, RT EDGAR AND THE OCEAN GROVE CELLARS, WHICH HAS SUCCESSFULLY TRADED FROM THE STORE FOR OVER TWO DECADES.
n Demolition clauses in both lease agreements n Favourable Commercial 1 Zoning (13.5m height limit) n Excellent onsite car parking at the rear n 10% deposit, Balance of monies 60/90 days
n Long secure leases in place for both tenancies n Combined income: $124,473 pa net n Two level freehold totalling 373m 2 * plus balcony n Land holding of 606m 2 * with significant redevelopment potential
EXPRESSION OF INTEREST CLOSING WEDNESDAY 1ST JUNE AT 3PM Andrew Prowse 0418 534 076 andrew@darcyjarman.com.au Tim Darcy 0418 522 523 td@darcyjarman.com.au
*approx
5246 7777
54 –April / May 2022
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